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In Fight Against Amazon, Best Buy Predicts Solid Holiday Sales

Biggest US Electronics Retailer Eases Tariff Effect Concern
Best Buy raised its holiday shopping forecast after early sales brought customers in for electronics and appliances. (Best Buy)
Best Buy raised its holiday shopping forecast after early sales brought customers in for electronics and appliances. (Best Buy)
By Jennifer Waters
CoStar News
November 26, 2019 | 9:12 P.M.

Best Buy, once forced to close stores after e-commerce giant Amazon moved into electronics, is raising its earnings forecast for the critical holiday shopping season after solid sales softened last summer’s tariff-related fears. It's also finding new ways to appeal to consumers inside and outside stores.

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